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Regulators urge big push to ditch Libor by end 2021
By Huw Jones
July 9, 2020, Reuters
Global financial regulators set out recommendations on Thursday for coordinating and speeding up preparations to scrap Libor, an interest rate benchmark banks were …
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Fed withdraws from repo market after 10 months
By Colby Smith
July 9, 2020, Financial Times
The US Federal Reserve’s unprecedented 10-month intervention in short-term borrowing markets has been wound down, after the central bank successfully tamed volatile …
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Bundesbank to keep buying bonds after court challenge
By Martin Arnold and Guy Chazan
July 6, 2020, Financial Times
Germany’s central bank is set to keep buying sovereign bonds from next month, defusing an explosive ruling by the …
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Hardline Brexit stance threatens City market access, UK warned
By Jim Brunsden
July 6, 2020, Financial Times
Britain’s determination to break away from EU rules is jeopardising the City of London’s future access to the European market, Luxembourg’s finance …
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